Evening Star Newspaper, October 30, 1926, Page 17

REAL. ESTATE ey COMMERCE CHAMBER TO HOLD 1 ITS THIRD ANNUAL EXPOSITION! | CHART OF LOCAL RESIDENTIAL CONSTRUCTION S]NCE 192 l Neighboring Cities in Virginia and Mary- land Invited to Pa.rtxclpate ‘m Indus— trial Exhibit March 9-19. BY MARTIN A. LEESE. President Washington Chamber of Commerce. ‘The Washington Chamber of Com- merce will hold its third annual industrial exposition in the Washing- ton Auditorium March 9 to 19. Having learned a good many lessons from the last two shows, the cham. ber intends this year to place be- fore the people of ‘Washington an exposition to boost mot only the vari- ous industries of the National Capi- tal but of the ad- Jaoent territory as well, Alexandria, Frederick an 4 such citles s compose the trad- ing territory in the vicinity of ‘Washington will be invited to partici- pate in the aff: The exposition will be run by members of the chamber, who will be divided into active com- mittees taking charge of the arrange- ments for various phases of the show. The object of this exposition is to show Washington industries as they are and to hring about in the National al d outside the realization there are 700 {ndustrial plants here, which have contributed greatly to the growth of the city, and that the future development of a greater shington lies in a large part with the development of industries and concerns here which will conform with the ideal of the “most beautiful capital in the world.” Industries Help City. Few people realize to what extent Washington is commercially active, and the greater support of these in. dustries and the encouragement of similar plants will not mar the beauty of the city, but will serve to make it bigger. of we do not want smoky factorics or ugly buildings, but there many nizations that have hington whose ac- tivities are In_ every way desirable, even to the National Capital. The exposition is to show that more than $20,000,000 -annually is paid out in to wage-earners employed by ul plants here, which produced M. A. LEE! u more than $85,000,000 in marketable products here last vear. A. L. Stern will manage the exposi- tion under the dirction of the cham- ~ber, and the Washington Chamber of Commerce will tively than heretofore. participate more ac- It is the plan of the chamber not only to advise and conduct this exposition but to invite the representative industries of Washington to have an active hand in formul; The exposition 18 in the § a bigger and a more influential Washington. Commerce Loeated Here. The commerce already located here A history of these activi- °f review of the extent of the manufacturing interests here and the number of persons employed therein and the wages paid, as shown | by Census Bureau reports available, will show their importance to the business interests of Washington. Tn 1914 there were in the District of Columbla 514 manufacturing e: tablishments of various kinds, ou side of those owned and operated by the ng 11,323 per were wage earners. were 595 such establishments emploving 14,101 persons, of which 10,482 were wage earners” Of these establishments, 127 in 1914 and 1 in 1919 each manu- factured products of less than $5.000 per vear: 199 in 1911 and 181 in 1919 each” manufactured products valued | between $5.000 and $20.000; 133 in | 1914 and 192 in 1919 h manufac tured products having an agzregate value of between $20,000 and $100,000; 43 in 1914 and 71 in 1919 each manu- factured products yalued between $100.000 and $500,008; 7 in 1914 and 10 h mant factured prndu( ts having value of from $50 000 to $1, nnn.mo and 5 in 1914 and 16 manufactured by these establishments in 1914 was $28,978,241 and in 1919 $68,826,670; and of these the 127 small establishments, each doing a business of $5,000 or less per year, in the year 1914 produced products having an ag- gregate value of $326,764 and in 1919 the 125 similar small establishments produced products having an ‘aggre- gate value of $299,940. In 1926 about 700 concerns manufactured $85, 000 000 worth of products. In 1914 the capital invested in these manufacturing establishments in the District of Columbia was $40,810,200 and in 1919 was $63,008,179: the sal- aries and wages paid in 1914 aggre- 1919 the salaries and wages paid aggregated $18,856,410, of which the salaries were $5,667,379 and $13,189,081 was to wage earners. In 1925 salaries amounted to $20,000,000. The value of products represents the selling value or price at the plants of the products actually turned out by the factories during the census year, whether the products were sold or not, and may thus be more or less than the amount of the sales for the year. Basiness Exhibit in 1914. In the Bureau of Engravihg and Printing in 1914 there were 4,146 em- ployes and wage earners whose sal- arles and wages aggregated $3,998,924 and in 1919 there were 7,752 employes and wage earners whose salaries and wages aggregated $8.660,438. In the naval gun factory (navy yard) the number of employes and wage earners in 1914 was 3,239, with salarles and wages aggregating $3,- 345,792, and in 1919 there were 9,265 persons employed, with ageregate sal- aries and wages amounting to $15,- 704,821, In the Government Printing Office in 1914 there were 4,051 persons em- ployed, deriving salaries and wages aggregating $4,260,495, and in 1919 there were 5,011, drawing down in salarles $8,452,597. In other manufacturing industries operated by the Federal Government in Washington there were in 1914 202 persons employed, whose salaries and wages aggregated $130,862, and in 1919 the number had increased to 394, with aggregate salaries amount- ing to $515,698. Therefore, we find that the total number of persons engaged in manu- facturing industries in 1914 was 22, 961, divided as follows: 11638 in gov- ernmental plants and 11,823 in com- mercial plants, and the number of persons so engaged in 1919 was 36,523, 14,101 of which were in commercial plants and 22422 in governmental plants. The aggregate wages and salaries paid those engaged in manu- facturing pursuits in both govern- mental and commercial plants in 1914 was $20,341,766, of which $11,736,073 was paid to those in governmental employ and $8,605,693 was paid those in the commerclal manufacturing plants. Similarly in 1919 the aggre- gate wages and salarfes paid was $52,- 189,964, of which $33,333,554 was paid those in governmental employ and $18,856,410 was paid those in commer- cial plants. Salaries a Big Item. In 1921, as we have already pointed ial manufacturing plants ashington, exclusive of the ed small plants doing busi- ness of less than $5,000 each, paid out in wages and salaries $18,948,554, and have grown to more than $20,000,000. These figures are impressive, and fully establish the material worth of > establishments to our city. The of workmen engaged has been of benefit to our city financlally and in every way. They contribute their full share to the support of our city, to all of our business establishments and to our churches and charitable organizations. In every way these workmen have proved to be desirable citizens. Washington's beauty has not been retarded or destroyed by these manufacturing plants. On the contrary, these establishments have played no small part in the growth of Washington, materially and from an esthetic standpoint. Without the business created by these establish- ments Washington no doubt would have outgrown its condition as a straggling village with a few grand governmental departments, but equally without doubt would not be the metro- in 1919 manufactured products of an aggregate value of $1,000,000 and over. The total value of the products politan city which it has become. EUROPEAN STEEL COMBINE BIG FACTOR IN PEACE, SAYS BABSON ngher pro&uctmn Per Man in U. S. Offset to Cheaper Labor Abroad—Keener Com- petition in Future Is Foreseen. BY ROGER W. BABSON. RABSON PARK. Mass., October 30 ~The formation of a European steel combine is important not only because ot the proot it Elves of Improved re. | latfons E | natlons, but also bec EIbReratts on'ihie iror and\steslite: dustry in this countr: On October 1, the steel producers of France, Germany, Belgium and Luxemburg signed an agreement to form a steel | combine with an annua) output in the | neighborhood of 500,000 tons. | rmany has been allotted .43.18 per | cent of the total. France, 31.19 per| ~ent; Belgium, 11.63 per cent; Lu - hurg, 8.23 per cent. and S 5.77 per cent. In the countries ine produced 30.1 per cent of 4 production of steel, the the United States, 51.1 per cent, and the | United Kingdom, 8.8 per cent. The purpose of the combine is said to be to end uneconomic competition among its members. However, I be- Heve there is an additional and more \When Lorraine was re- ith France the pre-war Ger- \king layout in the Ruhr 1e was badly disrupted. The division was political and broke down former economic combinations. and coke of Westphalia is and in Lor The coal necessary to France's Lorralne steel | mills and the ore of Lorraine is/| equally essential to the German steel the Hence, some the present was cunite these essential is probably the basic of the combine. Union a Good Thing. plants in Rubhr. That this agreement to compete on | a friendly basis is a fine thing for Europe cannot he doubted. Friendly industrial co-operation constitutes a long step toward friendly political re- lations. The agreement is to con- tinue for five vears, by which time it i felt industrial ditfons in Europe will have become pueh more stabilized even then some form.@f.co-operation and political con- | | will still be necessary to keep West- phalia coke and Lorraine ore together. The immediate effect on steel prices | will be a stabllizing tendency in Europe. World prices will, of course, | also be affected by English and| American competition. Each country is to deposit $1 in a common fund for each ton of steel manufactured with- in its allotted percentage. For each ton produced over and above its per- centage the producing country must pay $4 into the fund. Two doliars per ton will be refunded to any company failing in any one year to produce its | allotted percentage of a_ minimum total of 26,000.000 tons. Hence this arrangement will tend to maintain a common price. The cost of carrying it on will, presumably, be added to WASHINGTON, D. C, [}e gnening %1&1? SJ:XTURDAY, OOT(;?BER 30, 1926. BUILDING HERE LEAPS AHEAD 5000 S 4000, l g000 §000 7000 6000 %000 4000 3a00 2000 /000 ital in the lIlII!l!!Il ESEANREUTR Y HANRIAN ANEENVEEE ERNER dNPIFACHE CaRnEd LA AT A T A L Jond AU | | IIIVAIIII ARy 4ApanNaRn NAP i O T A pagiiiiininnZZsannnnn P9 IIIIIIIIIII Illll IIIIIEIIWIII HEERE I'Zlilllllll V] ZaillniInnIRZZ5dininnnnn The followln: clurt mmplled for the Operative Builder, organ of local builders, shows the great increase in residential construction in the years. The black line indicates 1926, the dot-and-dash 1925 and the dash line 192 L v -m-nmr‘-fl The cha o oo 4500 4000 L BE DT N b : 000 ~ 00 2000 o (500 E ii /000 #5 L V7 --fl--fl- 9 o e o e ) o hEN Pl L % i L i Ll B ional rt shows, upper, left to right: Number of houses built in 1924 ’5 aml ’26 and apartment units built llurlng the same period. Lower, left to right: Housing units (apartments and houses combined) for the three-year period and the total value of houses and apartments for each of the three years. the cost of steel and thus ralse prices in these countries, “Just what effect the combine’s ac- tivity will have on prices in our coun- try and in foreign markets cannot be foreseen. The individual members of the combine have heretofore made ef forts to extend their sales along our Atlantic seaboard. This activity may be intensified, and lower prices might conceivably result. However, the com- bine's prices will tend to rise above the competitive prices previously main- tained by its members. Moreover, distress selling of European steel with attendant price cutting will probably be eliminated. In addition there is an-anti-dumping law in effect here to prevent the combine from selling chegper in this country than they do at home. The effect on labor in Western Eu- rope should be beneficial in that pro- duction will be better stabilized and unemployment minimized. Scattered strikes will be less probable because of more continuous employment. With the elimination of destructive price cutting wages will be less subject to cuts and might possibly be increased. The general level of wages, however, will probably continue much lower than in Engiand and the United States. Common labor at Pittsburgh draws from 44 cents to 50 cents an hour. German steel workers draw only 16 cents Yo 17 cents an hour, and because of depreciated currencies French and Belgian labor work for even Iess. English labor makes from 25 cents to 30 cents an hour. There is thus con- ! siderable room for competition be- tween the combine and the American steel industry. However, for a num- ber of reasons, such as better work- ing conditions, the widespread use of labor-saving devices and mass produc- tlon, American labor has always been enough more productive to hold its own, and there seems no immediate threat to labor in this country. Nevertheless, in the long run, greater production per man may be necessary to forestall wage cuts. Effect on Foreign Trade. Enough has already been said to show that the combine, England and the United States are the three lead- ing competitors in the world mar- kets, especially in South America and Massachusetts Park Re-subdivision on Woodland and Rock Creek Drives, ad- joining Rock Creek Park, one block west of Conn. Ave. Bndge and near Mass. Ave., now available. Included in-what remains of The Triangle of —between Connecticut, Massac! Over 250 homes built and under ments and home values exceed $10,500, lots, central and side hall home front, from $25,000 to $200,000. Increasing Values husetts and Cathedral avenues. construction. Actual improve- 000. Wooded villa sites, s, with lots from 50 to 300 feet Middaugh & Shannon, Inc. ESTABLISHED 1899 Nevertheleas, | 717 14th St. NW. the Orlent. The kind of iron and steel marketed, however, will have a bearing on how trade will vary. Ex- ports of the United States companies are largely finished and semi-finished steel products, while the combine's chief competitive goods have been iron and steel and products of lower grade. Our steelmakers are probably in a po- sition to maintain competition, but conditions in the future may not be quite so satisfactory should the com- bine use its resources to intensify competition along new lines. On the whole, therefore, one can reasonably conclude that the forma- tion of this combine and the results that it seeks to achleve are favorable to world peace and commercial rela- tions. Certalnly the effect in conti- nental Burope can only be beneficlal, when you can buy a SUNS transportation, for a small { erate monthly terms. > INSPECT land” to end of route, 12th ' WALTER i . H The community of enhancing values Why cramp yourself in closely congested quarters SHINE HOME in this com- munity of open spaces, close to stores, schools and NEW BRICK HOMES 34-5 Bedrooms i Built under the most exacting || personal supervision and finished to the last degree. - Drive out Michigan Ave. past Catholic University to 12th Street, then 3 squares north on this concrete | street to Upshur Street, or take car marked “Brook- | walk up 12th Street to Upshur Street. Built—Owned—For Sale By 4200 13th St. N.E. Call N. 54;1 for auto to take yan to the homes and both England and the United States are in a better position with Europe on a normal basis than they have been heretofore with Europe a tangle of political and economic trou- bles. Kurthermore, combine or no combine, competition from abroad was to be expected. Business in this country is groceeding at a rate of 14 per cent above normal as shown by the Babsonchart. There is nothing in sight to indicate an immediate radical decline from present levels. (Copyright. 1926.) o Every Fall for 26 years Jim Bark, retired cattleman, has searched for the “Lost Dutchman” gold mine in the vicinity of Four Peaks in the Superstition Mountains of Arizona. Michigan Park | initial payment and mod- TODAY and Michigan Ave., and VAUGHN ] e Rose Tree 1,000 Years 01d. At Hildesheim, Germany, is a rose tree, covering one side of the parish yard, that by the records of the church is over a thousand years old. The roots are visible in the crypt of the church, and the church records tell of the pruning, trimming and care of the tree over the long period. o Miss Agnes Macphall, a farmer's daughter, is the only woman member of the Canadian Parliament. 3306 wide center hall. plete bath. HOME & GARDEN 17 $l 000,000 PAST 1925 MARK Co-operatve Idea Boosts Apartment Con- struction 30 Per Cent—Housing for "100,000 Erected in 3 Years. BY ROBERT J. COTTRELL. There has been much discussion of late about Washington as a residen- tial city and regarding residential ’| construction here, but the tremendous development of Washington is hardly realized until the records of its build- ing activities are analyzed and it Is found that housing accommodations for almost 100,000 persons have been erected in the National Capital in the past three years. While a tour of the District would find many new structures, it is almost staggering to find that within the past three years enough new houses and apartments have been erected to house the entire population of any one of the cities of Duluth, Minn.; Utlca, N. Y.; Oklahoma City or Jacksonville, Fla. This refers to construction ‘strictly within the District of Columbia for residential purposes only. The vast activitles in Maryland suburbs and the newly apparent boom in close-by Virginia property are not included. Record in Apartments. The year 19256 was outstanding for the erection .of single-family dwell- ings, while this year is making rec- ords in new apartment house con- struction. The vear 1924} considered a splendid building year in the Dis- trict, fades into insignificance with the huge totals piled up in 1925 and still greater totals of this vear. Confining figures strictly to housing accommodations, operative bullders have spent approximately $109,500,000 for new residential construction from January 1, 1924, to date. This is ap- proxlmnte}y a per capital expenditure of $270 on the part of the residents of the District of Columbia for new hous- ing. The present year is more than $1,- 000,000 ahead of the record made last year in construction of all types and is about 4 per cent mhead in the value - of residential construction. ‘While the erection of single-family dwellings in the District of Columbia has fallen off 26 per cent so far this year in comparison with last year, apartment house construction has jumped about 30 per cent. This great increase in apartment house construc- tion has been materially helped by the co-operative apartment vogue which has reached the . National Capital. An analysis of residential construc- tion for the past three years will show that single-family dwellings (regular houses) reached a total of 2,800 in 1924; in 1925 they jumped to 4,720 and for the first nine months of this year 2,843, giving for the en- tire period a total of 10,363. Business Property Expands. Apartment house construction showed the erection in 1924 of 2, apartment units; and in_the year, 3.742 in 1925, 3,388 units, first nine months of this units, glving a total of 9,180 apartment In all, this makes a total of 2 u new housing units built here since 1924. At the average of four-and-a-half persons to a family this gives housing accommo- dations for a fair sized city. The value of the entire group’ is about $109.500,000. In 1924, 4,800 housing units were erected at a cost of $28,000,000; in 1925, 8,108 housing units were built at a value of $44,- 860,000, and for the first nine months of this year 6,585 units have been con- structed at a cost of $36,610,000 by operative builders. Apart from the tremendous residen- tial construction, offices, stores, office buildings, hotels and vari other projects have added to the growth of the city and this year more and larger projects will establish a record here by December 31. The Federal build- ing program and great suburban activ- ities in construction will soon turn the National Capital into a vertiable bee hive of bullding activity. NEW REAL ESTATE OFFICERS TO MEET First Session of Reorganized Board Set for Wednesday Night, November 10. @ The Washington Real Estate Board will hold its first regular monthly meeting since the annual election at the Wardman Park Hotel, Wednes- day night, November 10, at §:15 o’clock. The principal speaker of the eve- ning will be Maj. Carey Brown of the National Capital Park and Plan- ning Commission. Among the guests will be Charles W. Elliot, expert city planner, assocfated with the commis- sion. It is expected a large number of realtors will attend to learn from members of the commission plans they have in mind for a greater and more beautiful Washington. Besides the speaking program the board will conduct its regular business meeting at which committees will make their reports. An entertalnment has been provided, which will con- clude with a buffet supper. Fire destroys an average of 360 homes, 96 farm buildings, hotels, 8 department stores, 5 churches, & schoolhouses, 4 warehouses and 1 hos- pital each day in this country. Fixing vs. “Fixing at it” HERE'S a lot of difference—especially- in roof- ing work—between FIXING 'the fault, and “fixing at it.” When you send for a roof man you want to feel pretty sure that he is a “fixer” and not some one who is going to putter around and experiment. The Rose reputation go on the job it will be fixed—and stay fixed. is a guarantee that when we We know roofs—their weaknesses and their liabilities— and krow, too, exactly enduring satisfaction. how to handle them to your We've never failed yet. Our budget system of payment dis- tributes the expense conveniently. 2120-22 Georgia Ave. a Curmt Home 'CLEVELAND AVENUE Corner 34th Street “KLEEN HEET” and 1704 Connecticut Ave. Its proximity to the John Eaton Public ‘The construction is of brick with slate roof. within is distinct, and the spacious first floor plan will immediately impress you upon entering the A beautiful inclosed sun parlor adjoins the living room. rooms, two model tile baths; large finished room and storage space in attic; maid's room and com- The modern appointments include: out; fireplace; cedar closets; screens; extra base plugs, GARAGE. Wonderful lot, 115 feet frontage. out for yourself—but it may be too late unless you see it SUNDAY. Open for Inspection Sunday After 10 AM. Schwab, Yalk & Canby oil burner; large BUILT-IN It is priced to sell! Oberlooking the RNational Cathedral This delightful home is situated directly opposite the beautiful Cathedral Grounds—in a sec- tion recognized as one of thé Capital’'s most artistic and individual residential communities—con- venient location—exclusive environment. appeal to the family with children. School should Its charm Four splendid bed- oak floors through- FIREPROOF Of course, you will find this Potomac 830